__________refers to the strategic actions taken after retrenchment to return to a growth strategy.

Question

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The term "recovery" specifically refers to the strategic actions taken after a period of retrenchment or decline with the goal of returning to a growth strategy. Option A, acquisition, refers to the process of one company purchasing another, which may or may not lead to growth. Option B, stability, is a strategy that focuses on maintaining the current level of operations and avoiding any major changes, which is not necessarily aimed at growth. Option D, normalization, is not a commonly used term in strategic management and does not specifically refer to an action after retrenchment.

__________Refers to the Strategic Actions Taken After Retrenchment to Return